Net profit of Jinjing Technology in 2022 fell more than 70% year-on-year

Digital Building Materials DataBM. Com on January 30, Jinjing Technologies released its annual performance pre-reduction announcement for 2022, and the company is expected to make profits in 2022, with an annual net profit attributable to the owner of the parent company of about 350 million to 380 million, compared with the same period last year. It is expected to decrease by about 928 million yuan to about 958 million yuan, a decrease of 71% to 73% compared with the same period last year. It is estimated that the net profit attributable to the owner of the parent company after deducting non-recurring gains and losses in 2022 will be about 355 million yuan to 390 million yuan, which is expected to decrease by about 810 million yuan to 840 million yuan, 68% to 70% compared with the same period last year. The main reasons for the performance reduction in the

current period are as follows

: (1) The impact

of main business 1. The domestic demand for building glass in 2022 is low, the industry inventory is at a high level, and the sales price of float glass shows a downward trend; 2. Affected by the epidemic, geopolitical conflicts and global inflation, the prices of major raw materials and fuels rose sharply, and the gross profit margin of float glass products decreased significantly year on year.

(II) Impact of non-operating profit and loss. In the same period of last year, there were large non-operating gains and losses such as 81.16 million yuan from the sale of equity in associated companies and 75 million yuan from government subsidies. There was no such situation during the reporting period.

(3) Other impacts. In the current period, the impairment of inventory assets is about 38 million yuan, and the loss of asset disposal is about 16 million yuan.